US futures were higher, with the contract for the Dow up 0.3 per cent at 25,721.00 and that for the S&P 500 adding 0.2 per cent to 2,764.30.

The S&P 500 index rose 17.14 points, or 0.6 per cent, to 2,755.45. The Dow Jones Industrial Average gained 173.31 points, or 0.7 per cent, to 25,635.01.

The Nasdaq composite picked up 47.11 points, or 0.6 per cent, to 7,375.96. The Russell 2000 index of smaller-company stocks added 8.59 points, or 0.6 per cent, to 1,556.10.

Oil prices have slipped after the US said it would allow a group of allies to continue buying oil from Iran as long as they continued to try to reduce their imports from that nation.

The US reinstated sanctions on Iran this month. Benchmark US crude oil fell 31 cents to $61.90 in electronic trading on the New York Mercantile Exchange. It fell 1.4 per cent to $62.21 a barrel in New York Tuesday. Brent crude dipped 9 cents to $72.04.

The dollar rose up to 113.38 yen from 113.18 yen late Tuesday in Asia. The euro climbed to $1.1441 from $1.1427.

Provide info to log in

Published by the Editor for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO Box : 2526 Dhaka- 1000 and printed by him from City Publishing House Ltd., 1 RK Mission Road, Dhaka-1000.